Re:Bernie Sanders to unveil plan to cancel all $1.6T of stud...
by AnimalMuppet on Monday June 24, 2019 @11:41AM
(#20264635)
"Forgiving privately held debts" sounds an awful lot like "taking (stealing) from the lender". That probably would not pass a Supreme Court review. (No taking without just compensation.)
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Re:Bernie Sanders to unveil plan to cancel all $1.6T of stud...
by jcriddle4 on Monday June 24, 2019 @12:28PM
(#20265268)
No major or even minor political party is talking about just "canceling" the debt without paying the lenders. The lenders are still going to get paid so this isn't a "taking". The debt is just transferred to the the US balance sheet instead of being held by the student.
Re:Bernie Sanders to unveil plan to cancel all $1.6T of stud...
by anm89 on Monday June 24, 2019 @08:35PM
(#20270059)
I would entirely agree but I'm not sure the average Bernie, Cortez, or Warren supporter would.
I have definitely heard people advocate for a total jubilee on student loan debt.
I do agree that the current Supreme Court probably wouldn't let it happen.
Re:Bernie Sanders to unveil plan to cancel all $1.6T of stud...
by AnimalMuppet on Monday June 24, 2019 @08:43PM
(#20270102)
Well, in fairness, Bernie is not responsible for everything every one of his supporters say. (He is responsible for making it clear when what he means is different from what his supporters think.)